South Korean EV battery makers and startups, including Our Next Energy (ONE), are laying off workers and scaling back investments in the US. ONE has cut around 25% of its workforce, or 128 employees, due to high borrowing costs and an uncertain economy. This move reflects the challenges faced by EV battery companies amid the evolving market dynamics.
Michigan-based EV battery startup ONE cuts staff by 25% https://t.co/UjkJIKM9q2
EV battery startup Our Next Energy has laid off a quarter of its staff, 128 employees, in a move to “focus on core priorities”
EV BATTERY STARTUP ONE CUTS WORKFORCE BY 25% (Reuters) Our Next Energy (ONE) said on Monday it has cut around 25% of its workforce, or 128 employees, as the electric-vehicle battery startup deals with high borrowing costs and an uncertain economy. https://t.co/jXwYDnKNZ9
EV battery startup ONE cuts workforce by 25% | Reuters https://t.co/rKvJbDmhob
⚠️ EV BATTERY STARTUP ONE CUTS WORKFORCE BY 25% Full Story → https://t.co/DaCvg4yMOz Our Next Energy (ONE) said on Monday it has cut around 25% of its workforce, or 128 employees, as the electric-vehicle battery startup deals with high borrowing costs and an uncertain… https://t.co/M8JeuEY1oU
The 5 Countries Producing The Most EV Batteries https://t.co/XkwhTmsObq
South Korean EV battery makers lay off workers and scale back investments in US https://t.co/adSKzgaO5t via @ft
South Korean EV battery makers lay off workers and scale back investments in US https://t.co/NyRCVSToLA